Norden has set its sights on a core operating profit of between $20m and $120m this year, its annual report revealed today.
It compares with the $24m core operating profit for 2013, a year which saw Norden record a bottom line loss of $47.7m. Its red ink in 2012 ran to $278.8m.
Carsten Mortensen, chief executive of the Danish owner, said in a statement: “As expected, 2013 was a year of investment and not of profit making.
“Even
